Shengquan betting big on biomass graphene industry
@JinanShengquanGroup, a bioengineering company, is betting big on a new biomass-graphene material that may trigger a trillion-dollar industry. The Jinan-based company developed a kind of material known as #biomassgraphene, extracted from straw and corn cob and claims it can be used for the far-infrared therapy, which some reports said can stimulate blood circulation and oxygenate the body’s cells. A study by Fatma Vatansever and Michael Hamblin, researchers at Massachusetts General Hospital and Harvard Medical School, concluded: “If it can be proved that non-heating far-infrared has real and significant biological effects, then the future applications are wide-ranging … there is a large potential market in lifestyle-enhancing applications.” Graphene, a single layer of carbononly one atom thick, is remarkably strong for its very low weight – 100 times stronger than steel – and it conducts heat and electricity with great efficiency. But, the so-called biomass graphene is a multilayer carbon. Tang Yilin, chairman of the board of the biochemical company, said that though the material is 10 times or even 30 times thicker than graphene, what really matters is it benefits human’s health and yields more added value than a normal cotton product. A normal pair of socks costs generally 10 yuan ($1.5) to 50 yuan, but when they are added with biomass graphene, the price will rise to 200 yuan to 300 yuan. He said this material can be used in many industries, including clothing, internal decoration for vehicles and plastic surgery treatment materials.